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CNA CNA PARAMOUNT <br />Business Property Coverage Part <br />2. The most the Insurer will pay for all loss under this ADDITIONAL COVERAGE for anyone occurrence is the <br />Money and Securities Coverage Limit of Insurance. <br />3. The Insurer will not pay any loss or damage sustained by the Named Insured caused by or resulting from: <br />a. accounting or arithmetical errors or omissions; <br />b. dishonest or criminal acts by the Named Insured, executive officers, employees, authorized <br />representatives or anyone else to whom money or securities have been entrusted, other than an <br />armored motor vehicle company: <br />L acting alone or in collusion with others; or <br />ii. whether or not occurring during the hours of employment; <br />c. giving or surrendering of the property in any exchange or purchase; <br />d. voluntary parting with money or securities by the Named Insured or anyone else to whom it has <br />entrusted such property if induced to do so by any fraudulent scheme, trick, device or false pretense; <br />e. transfer or surrender of money or securities on the basis of unauthorized instructions, to a person or <br />place outside: <br />i. a location; <br />ii. a reported unspecified location; or <br />iii. the premises of a banking or savings institution; or <br />f. transactions involving any automated teller machine unless recorded by a continuous recording <br />instrument in such machine. <br />4. The only Excluded Perils under the EXCLUSIONS section that apply to this ADDITIONAL COVERAGE are <br />Biological or Chemical Material, Governmental Action, Nuclear Hazard and War and Military Action. <br />N. Newly Acquired Locations and Property Coverage <br />1. Newly Acquired or Constructed Real Property <br />a. The Insurer will pay for direct physical loss of or damage to real property, including new buildings while <br />being built: <br />0 <br />i. at a newly acquired location; or <br />0 <br />ii. at a location or reported unspecified location, if coverage is not currently shown for real property <br />at that location on the Business Property Schedule of Locations or for reported unspecified <br />locations, <br />directly caused by a covered peril. <br />b. The most the Insurer will pay for all loss or damage under this Newly Acquired or Constructed Real <br />Property coverage for any one occurrence is the Newly Acquired or Constructed Real Property Limit <br />of Insurance. <br />2. Newly Acquired — Other Property <br />a. The Insurer will pay for direct physical loss of or damage: <br />i. to personal property, fine arts, media and records of accounts receivable at a newly acquired <br />location; and <br />ii. to personal property if coverage is not currently shown for personal property at that location on <br />the Business Property Schedule of Locations or for reported unspecified locations, <br />directly caused by a covered peril. <br />CNA62648XX 10-15 <br />Copyright CNA All Rights Reserved. <br />�oRaN <br />Risk MmRgemerdDi isfan <br />cREVIEWED & APPROVED BY. - <br />Risk Management Analyst <br />